This matters because it signals a significant moment for Bitcoin and the cryptocurrency market, potentially leading to increased investor interest and market activity as the cycle approaches its peak.

Bitcoin (BTC) has recently reached a new weekly high above the $112,000 mark, signaling a potential new uptrend for the leading cryptocurrency. This movement may represent the final phase of the current cycle for Bitcoin and the broader cryptocurrency market.  Market analyst CryptoBirb has indicated that this uptrend could last for approximately 50 more days, emphasizing that Bitcoin is now 95% through its cycle, which has spanned 1,017 days since the lows of November 2022. 50 Days Until Possible Bitcoin Peak Historically, Bitcoin’s bull markets have peaked between 1,060 and 1,100 days after significant lows, suggesting a target timeframe for this cycle&#8217;s peak could fall between late October and mid-November 2025.  The analysis highlights the typical relationship between Bitcoin&#8217;s Halving events and subsequent price peaks. Since the last Halving in April 2024, 503 days have passed, with past data showing that price peaks usually occur 518 to 580 days following such events.  Related Reading: First US Dogecoin ETF Could Debut Next Week—How Will It Impact Price? As seen in the chart below, Bitcoin is currently 77% to 86% of the way through this timeline, entering what the analyst refers to as the &#8220;hot zone&#8221;—a period of heightened volatility and potential price movements. However, CryptoBirb cautions that historical trends indicate that after reaching a peak, Bitcoin typically experiences a significant decline, often dropping by 70% to 80% over a 370 to 410-day timeframe.  This bearish phase is projected for approximately the first and second quarter of 2026, with a historical probability of a bear market in that year reaching 100%. Before this potential downturn, the analyst expects a final surge, with about 50 days remaining before the market may peak. September, often recognized as a weaker month for Bitcoin, has shown an average decline of 6.17%. Although third quarter statistics can be mixed, with a median increase of 0.80%, the overall average tends to reflect a decline due to larger losses.  The typical seasonal pattern suggests that a poor September could be followed by stronger performance in October and November, with September 17 identified as a crucial date to watch by the analyst. Critical Support And Resistance Levels On the technical front, Key support levels are identified at the 50-week simple moving average (SMA) of $95,900 and the 200-week SMA at $52,300.  The daily chart reveals further technical insights, including a 200-day breakout point at $111,000 and a 200-day SMA at $101,000. CryptoBirb has identified local support between $107,700 and $108,700, while resistance sits at $113,000 to $114,100. Related Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds Looking ahead, both short-term and long-term trading trailers are currently in a bearish mode. CryptoBirb asserts that if Bitcoin falls below the critical levels of $107,000 to $108,000, bearish sentiment could intensify, potentially leading to secondary corrections in the range of 20% to 30%.  Fortunately, cryptocurrency miners appear to be faring well, with the mining cost established at $95,400, suggesting a healthy market environment with minimal capitulation risk. Lastly, the analyst cautions against the potential for a market peak leading into the altcoin season in October and November. CryptoBirb suggests to mark calendars for October 22, as it could be a pivotal date in Bitcoin&#8217;s cycle. As of this writing, Bitcoin trades at $112,886, down nearly 11% from all-time high levels.  Featured image from DALL-E, chart from TradingView.com

هذا مهم لأنه يشير إلى لحظة مهمة لعملة البيتكوين وسوق العملات المشفرة، مما قد يؤدي إلى زيادة اهتمام المستثمرين ونشاط السوق مع اقتراب الدورة من ذروتها.

وصلت عملة البيتكوين إلى أعلى مستوى أسبوعي جديد فوق 112,000 دولار، مما يشير إلى اتجاه صعودي محتمل. يشير المحلل CryptoBirb إلى أن هذه قد تكون المرحلة النهائية من الدورة الحالية، التي اكتملت بنسبة 95% بعد 1,017 يومًا منذ نوفمبر 2022.

Esto es importante porque señala un momento significativo para Bitcoin y el mercado de criptomonedas, lo que podría llevar a un mayor interés de los inversores y actividad en el mercado a medida que el ciclo se acerca a su pico.

Bitcoin ha alcanzado un nuevo máximo semanal por encima de los 112,000 dólares, indicando una posible tendencia alcista. El analista CryptoBirb sugiere que esta podría ser la fase final del ciclo actual, que está al 95% completo después de 1,017 días desde noviembre de 2022.

Cela est important car cela signale un moment significatif pour le Bitcoin et le marché des cryptomonnaies, ce qui pourrait entraîner un intérêt accru des investisseurs et une activité sur le marché à mesure que le cycle approche de son sommet.

Le Bitcoin a atteint un nouveau sommet hebdomadaire au-dessus de 112 000 $, indiquant une tendance haussière potentielle. L'analyste CryptoBirb suggère que cela pourrait être la phase finale du cycle actuel, qui est à 95 % complet après 1 017 jours depuis novembre 2022.

Bitcoin has reached a new weekly high above $112,000, indicating a potential uptrend. Market analyst CryptoBirb suggests this could be the final phase of the current cycle, which is 95% complete after 1,017 days since November 2022.